Noticed a lot of variance in Bitcoin pricing across exchanges this weekend. Huge spikes and dips in USDC price and a very volatile eth/btc ratio. I expect weird things to continue as people rush to move assets around. Good news is regardless of how the dominoes fall in the chaos, if you are holding Bitcoin in self custody, you can ignore the noise.
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61 sats \ 1 reply \ @btcthinker 12 Mar 2023
If the banks go fail, all centralized exchanges and stablecoins go fail. Withdraw your bitcoins to your hardware wallet.
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0 sats \ 0 replies \ @grayruby OP 12 Mar 2023
Yup, people think the Bitcoin they leave on exchanges belongs to them. Nope, just a liability of a centralized party, who if insolvent will prevent you from withdrawing.
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0 sats \ 0 replies \ @mrtali 12 Mar 2023
It's time to see the bulls from the barrier.
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